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Governor Phil Murphy Sees Huge Profit Margin in High Energy Prices for State Finances
TRENTON, NJ – New Jersey’s government bank accounts are about to see a huge increase in tax revenue collected from anyone who pays an electric bill, thanks to a 20% price hike…
Lighting maker Signify’s Q4 profit up despite high raw material costs
AMSTERDAM – Signify NV, the world’s largest lighting maker, reported a 6% increase in fourth-quarter core earnings on Friday, as higher sales offset a rapid increase in the prices of raw materials…
Dealmaking helps Deutsche Bank land biggest profit in a decade
By Tom Sims and Frank Siebelt FRANKFURT -Deutsche Bank delivered its most profitable year in a decade on the back of a dealmaking bonanza, strengthening Chief Executive Christian Sewing’s hand as he…
Hainan Airlines expects to return to net profit for 2021
BEIJING – Hainan Airlines expects to return to net profit for last year following restructuring and a pickup in domestic travel, the carrier said on Thursday. The airline expects to report a…
Bloomsbury expects strong annual profit, revenue
– Harry Potter publisher Bloomsbury forecast annual profit and revenue ahead of current market expecations on Wednesday, led by strong sales at its consumer book division that sells children’s and adult titles.…
Lockheed Martin posts better-than-expected profit, reiterates 2022 sales outlook
By Mike Stone – U.S. weapons maker Lockheed Martin Corp reported better-than-expected quarterly profit on Tuesday, helped by a strong performance at its ships and helicopters unit and venture capital gains, and…
Deutsche Bank expected to break profit run in fourth quarter- Preview
FRANKFURT – Deutsche Bank is expected to swing to a net loss when it reports fourth-quarter earnings on Thursday amid a slowdown in revenue at its investment bank, based on analysts’ consensus…
11 Central Ohio men convicted of conspiring to illegally smuggle hundreds of guns to Canada for profit
COLUMBUS, Ohio – Eleven defendants have been convicted and sentenced in a conspiracy to smuggle at least 200 firearms from Ohio to Canada for tens of thousands of dollars. Abdulwahab Sharif…
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